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Financial Risk Calculator - mt.com

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Price of material per

Financial Risk Calculator The impact of your truck scale on your business

Trucks per business day

Gross weight of an average truck

Net load weight per average truck

Select unit of weight

days

Enter currency

Reliability: Annual cost of unplanned downtime; lost business, increased overhead during disruptions, and repairs

Business Information

Analysis

Accuracy: Annual value of weighing errors

Combined annual value: Weighing errors and unplanned scale downtime

Business days per year

Profit margin on material %

Scale Error

Scale Downtime

Current Financial Risk

Percentage of daily business lost during scale downtime (optional) %

Added cost of disruption per delayed weighment during downtime (optional) (overtime labor, fuel, etc.)

Note: The user can override the default values in all input fields.

Improved Financial Risk

Current Values Improved Values

days

Savings Potential

Total Annual Savings Potential from Risk ReductionWeighing errors and downtime are typically related to the scale's load cell system and preventative maintenance efforts. Contact METTLER TOLEDO for opportunities to improve the accuracy and reliability of your truck scales.

Estimating current scale error on a full load: United States tolerance (NTEP): Up to 160 lbs on a 40 ton load EU / Asia, etc. tolerance (OIML): Up to 40 kg on a 40 tonne load, or up to 60 kg for most loads over 40 tonnes

Total days of unplanned downtime per year: (includes failure, repair dispatch, and repair time)

Annual cost of emergency scale repairs (parts, labor, travel, etc.)

Once the fields above have been completed, click "Calculate" to see results below

Calculations This page explains the calculations used in the Risk Exposure Calculator. Accuracy The financial value of weighing errors is calculated as:

scale error X days per year X trucks per day X price of goods per lb. or kg.

Reliability The cost of unplanned downtime is calculated as the sum of these values:

· Cost of lost business days downtime X net load X trucks per day X price of goods X ( profit margin X .01 ) X ( percent lost business X .01 )

· Cost of increased overhead during disruptions days downtime X cost added processing X trucks per day X ( 100 - percent lost business )

· Cost of repairs Value entered by the user (parts, labor, travel, etc.)

Disclaimer METTLER TOLEDO provides this calculator as a service to help customers in analyzing the potential benefits of purchasing METTLER TOLEDO products and services. The calculator, however, only provides estimates. Such estimates are not a guarantee of savings or returns. Ultimately, each customer shall be fully responsible for making its own determination as to the suitability of METTLER TOLEDO products and services for its own particular use. Also, the calculator is based on limited parameters. Other factors, which might also have an influence on results, have not been taken into account. Further, the calculators are provided "as is". The information has been compiled in good faith but does not replace any product documentation such as datasheets nor may it be used or be understood as part of a quotation. This document and the calculator are being provided as information only.

METTLER TOLEDO disclaims all express and implied warranties including, but not limited to, implied warranties of merchantability or fitness for a particular purpose. METTLER TOLEDO does not warrant or make any representations regarding the validity, accuracy or reliability of any results of use of the calculator or with respect to the completeness or accuracy of the provided information. In no event shall METTLER TOLEDO be liable for any damages, including direct, consequential, incidental, or special, even if METTLER TOLEDO has been advised of the possibility of such damages, and even if damages arise as a result of METTLER TOLEDO's negligence. METTLER TOLEDO shall not be responsible for any modifications made to this calculator by any customer, dealer or other third party. By clicking on the calculator links or otherwise utilizing the calculators, you acknowledge that you have read, agreed to, and understand this Disclaimer.